Jindal Stainless Hisar total sales volume up 22Percentage in FY22

20 Apr 2022 , 01:33 AM

Jindal Stainless Hisar JSHL recorded total sales volume of 702168 MT in FY22 up by 22Percentage as compared to FY21 Q4FY22 sales volume remained stable at 178784 metric tonnes MT Domestic demand rose across segments like railways lifts and elevators However an increase in raw material prices led to channel de-stocking in key consumer facing segments like hollowware and pipe and tubes Moreover substandard stainless steel products from China and Indonesia continued to flood the domestic market JSHL proactively maintained its focus on niche product segments and maintained a healthy product mix Riding on its globally accepted quality products and a robust supply chain the Company more than doubled its exports which stood at 18Percentage in Q4FY22 despite high volatility in global markets